2020 Annual Report slide image

2020 Annual Report

2020 ANNUAL REPORT CONSOLIDATED FINANCIAL STATEMENTS 2) Network leasing and technical equipment for signal distribution (contracted before 2018) Amounts recognized in the income statement Building (offices, warehouses and CSC): MEGACABLE. On June 30, 2011, the subsidiary Mega Cable, S.A. de C.V. (MEGA), entered into a capacity provision agreement for high- capacity telecommunications services with Grupo de Telecomunicaciones de Alta Capacidad S.A.P.I. de C.V. (GTAC), which was granted a Concession Title by the Secretariat of Communications and Transportation (SCT) to install, operate and use a public telecommunications network, provide conveyance emission services, transmission of signals to concessionaires of public telecommunications networks, which is valid for 20 years and may be renewed in whole or in part. These concessions cover the Pacific, Central and Gulf areas in Mexico, so MEGA will be making advance annual payments in the amount of $41,400 from July 2013 to 2029, for use of the trunk capacity until 2029; said payments are so that GTAC can maintain and repair the public network. Leases under IFRS 16 Interest on lease liabilities Interest on income from leases 2019 $ 135,075 63,076 Total cash outflows for leasing (offices, warehouses and CSC) during 2020 y 2019 were of $189,792 and $202,570, respectively. (18) Equity- Following is a breakdown of the liability and payments, as well as the maturities of the financial lease that began in 2019, which liability is recorded in the Related parties Note (see Note 25). a. The exhibited share capital and the number of shares are as follows: Future minimum payments are summarized as follows: Up to 1 year More than 1 year and up to 5 years More than 5 years A breakdown of the payment reconciliation is as follows: Total financial lease: As at January 1 Increments Payments S ss S 2020 2020 100,149 433,409 295,676 829,234 1,010,934 42,846 (224,546) 829,234 2019 2019 Number of Series "A" Shares Variable Amount Share capital as at December 31, 2020 and 2019 $ 1,721,355,673 The shares representing the Group's capital stock issued and outstanding are fully paid, without par value. 210,767 474,181 As at December 31, 2020 and 2019, there were 1,721,355,673 shares outstanding. 325,986 1,010,934 1,037,164 910,244 Series "A" shares have the following characteristics: they grant voting rights only in ordinary shareholders' meetings and have the same preference in the distribution of Group profits. The reconciliation of the outstanding shares at the beginning and end of the year is as follows: 2020 2019 Common shares 155,550 (181,780) As at January 1 Movement in the year, (purchases) net sales (i) 1,010,934 As at December 31 Treasury shares Total subscribed shares 1,718,780,521 (1,295,152) 1,720,075,673 1,280,000 $ 1,721,355,673 1,720,888,407 (2,107,886) 1,718,780,521 2,575,152 1,721,355,673 67
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